IT Management Capstone Project

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Edu Tech Business Plan 2 Contents Executive Summary.....................................................................................................................................4 Company Ide ... ntification...............................................................................................................................4 Mission of the company..............................................................................................................................4 Explanation.................................................................................................................................................4 Business Goals............................................................................................................................................5 Keys to Success...........................................................................................................................................5 Company Summary.....................................................................................................................................6 Industry History...........................................................................................................................................6 Legal Form of Ownership............................................................................................................................6 Location and Facilities................................................................................................................................7 Management Structure.............................................................................................................................7 Products and Services:.................................................................................................................................8 Market Analysis.........................................................................................................................................11 Target Market............................................................................................................................................11 Industry Analysis.......................................................................................................................................12 As we know everything pretty much depended on the computers and technology for any business or organization either it’s small or large. Likewise mentioned above Edu Products in the Products and Services section are also important component for education institutions and other business organizations. According to Apps Run, Worldwide Education Applications Market to reach $6.1 billion by 2020, compared with $5.4 billion in 2015 at a compound annual growth rate of 2.2% (Markovski & Pang, 2016)............................................................................................................................................12 In 2015, the global Education applications market grew 4% to approach nearly $5.4 billion in license, maintenance and subscription revenues. Last year Blackboard led the pack with 11% market share and $570 million in Education product revenues, riding on a 9% jump in license, maintenance and subscription revenues. Oracle was No.2 achieving 9% share, Ellucian was the third at 8% and SAP and Microsoft were fourth and fifth place with 5% and 5%, respectively (Markovski & Pang, 2016). The global Education applications are continue to grow day by day based on the demands and the advance technology.............................................................................................................................................12 SWOT Analysis.....................................................................................................................................13  Strengths........................................................................................................................................13  Weaknesses....................................................................................................................................14  Opportunities.................................................................................................................................14 Edu Tech Business Plan 3  Threats...........................................................................................................................................15 Market Strategy.........................................................................................................................................16 4Ps.........................................................................................................................................................16 Price......................................................................................................................................................16 Product..................................................................................................................................................16 Promotion..............................................................................................................................................17 Place......................................................................................................................................................17 Price List...............................................................................................................................................17 Promotional Strategy.............................................................................................................................17 Promotions schedule..............................................................................................................................19 Sales Forecast........................................................................................................................................20 Implementation Strategy........................................................................................................................21 Overall Strategy.....................................................................................................................................22 Monitoring Plan.....................................................................................................................................22 Financial Plan............................................................................................................................................23 Financial Projections.............................................................................................................................23 Financial position..................................................................................................................................23 Estimated Capital/Investment Needs.....................................................................................................24 Edu Tech Business Plan 4 Executive Summary Company Identification The company’s name is Edu Tech. It is primarily set out to produce the most user-friendly hardware and software resources for the education sector. Edu Tech is based at 1004 Payton Ln, Euless, TX, USA. It is five rooms home with a kitchen and a sitting room, a cozy place where awareness and demo sessions could be conveniently held. [Show More]

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